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Mercury Systems Inc. - $MRCY STOCK NEWS

Welcome to our dedicated page for Mercury Systems news (Ticker: $MRCY), a resource for investors and traders seeking the latest updates and insights on Mercury Systems stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mercury Systems's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mercury Systems's position in the market.

Rhea-AI Summary
Mercury Systems, Inc. (NASDAQ: MRCY) introduces Direct RF system-on-module (SOM) using Intel Agilex FPGAs to detect and process adversary emissions from a wide portion of the electromagnetic spectrum. The new DRF2580 SOM brings new capability to the Mercury Processing Platform, enhancing security and accelerating decision-making in the field. It features SWaP optimized footprint, support for up to 4x 100 GigE interfaces, and a carrier design package for custom carrier board designs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
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none
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Rhea-AI Summary
Mercury Systems, Inc. announced a simplified organizational structure aligned with its strategy to drive growth and value for stakeholders. The company will consolidate into a single, unified structure to optimize business operations. Roger Wells has been named Chief Operating Officer, and the company will further streamline its leadership team. The simplification aims to clarify accountability, eliminate redundancy, and leverage the Mercury Processing Platform for growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
management
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Rhea-AI Summary
Mercury Systems Inc. (NASDAQ: MRCY) will release its second quarter fiscal year 2024 financial results on February 6, 2024. The company will host a conference call to discuss its quarterly financial results, business highlights, and outlook. Participants can register online to attend the webcast and ask questions concerning business and financial developments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
Tags
conferences earnings
Rhea-AI Summary
Eagle Pharmaceuticals, Inc. (NASDAQ:EGRX) is under investigation by Lifshitz Law PLLC for possible securities laws violations and/or breaches of fiduciary duties. Allegations include slower-than-anticipated pull-through from a wholesale customer, overstated revenue, ineffective internal controls, and misleading positive statements.
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End-of-Day
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Rhea-AI Summary
Mercury Systems, Inc. (NASDAQ: MRCY) introduces ARES-SAR, the first commercially available flight testing simulator for air-to-ground synthetic aperture radar (SAR) systems, aiming to save time and costs for government and commercial organizations. The product builds on more than 25 years of test and train technology from the Mercury Processing Platform, enabling realistic SAR scenario simulation on the ground, reducing the need for actual flight testing. ARES-SAR can be used alongside ARES3100, Mercury's advanced radar environment simulator, and was funded by the U.S. Army's Program Executive Office Simulation, Training and Instrumentation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.98%
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none
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Rhea-AI Summary
Mercury Systems, Inc. (NASDAQ: MRCY) announced the departure of Dr. Mitch Stevison, Executive Vice President and President of Mercury’s Mission Systems division. Dr. Stevison will pursue a new opportunity outside of the company. Mercury Chairman and CEO Bill Ballhaus will lead the Mission Systems team until a permanent leader is identified. The company emphasized its commitment to seamless transition and highlighted Dr. Stevison's contributions. Dr. Stevison expressed confidence in Mercury's trajectory under the leadership of Bill and his team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
Tags
management
Rhea-AI Summary
Mercury Systems, Inc. (NASDAQ: MRCY) reports Q1 fiscal 2024 results, with revenues at $181.0 million and a book-to-bill ratio of 1.06. Backlog at $1.15 billion, and full-year 2024 revenue forecast at $950.0 million to $1.00 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.59%
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Rhea-AI Summary
Mercury Systems announces agreement with the U.S. Navy to develop manufacturing capabilities for photonics chiplets in defense applications. The agreement aims to mature the domestic supply chain and manufacturing processes for high-bandwidth data transfer. Mercury gains access to photonics devices developed by Intel and Ayar Labs. The company plans to develop miniaturized and ruggedized packages using photonics chiplets for defense applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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Rhea-AI Summary
Mercury Systems Inc. to release its Q1 FY 2024 financial results on November 7, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
conferences earnings
Rhea-AI Summary
Mercury Systems is partnering with Raytheon to enhance the security of its mission-critical solutions by incorporating Raytheon's cyber resiliency and intrusion detection tools. This collaboration will strengthen the protection of critical systems against cyber threats.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.41%
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Mercury Systems Inc.

Nasdaq:MRCY

MRCY Rankings

MRCY Stock Data

1.74B
50.13M
3.24%
107.21%
6.31%
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
Manufacturing
Link
United States of America
ANDOVER

About MRCY

mercury systems (nasdaq:mrcy) is pioneering a next generation defense electronics business model. our goal is to be the leading commercial provider of secure sensor and safety-critical processing subsystems. optimized for customer and mission success, our solutions power a wide variety of critical defense and intelligence programs. to learn more, visit www.mrcy.com.